NEW YORK, December 7, 2021 Sigma Ratings (“Sigma”), the leader in global risk intelligence, today announced that the company has been named in the ‘Regtech 100’, an annual list of the most innovative regtech companies that every financial institution needs to know about in 2022. Sigma is recognized for its unified global data, configurable smart entity scoring and monitoring and superior customer experience.
Sigma was selected from over a thousand companies in the RegTech space to join the global list. Selection to the Regtech 100 includes a panel evaluation on the basis of a company’s innovative contribution to regulatory compliance, overall and expected growth and potential cost savings for users.
Stuart Jones, Jr., Founder and Chief Executive Officer said, “We are pleased to join the Regtech 100 list for a second consecutive year. This highlights the market’s increasing understanding of the benefits of replacing legacy approaches to managing risk and compliance with technology that leverages smart data and derived intelligence at scale.”
Mariyan Dimitrov, Director of Research at RegTech Analyst noted that “Sigma Ratings earned the attention of the judges by providing deeper, contextualized, counterparty risk awareness and superior customer experience, recognizing the evolution into the future of risk management and compliance, globally.
Sigma’s cloud-based tools create significant time savings and deliver unmatched risk awareness for global corporations and financial firms as they onboard new customers, conduct investigations, and monitor existing relationships. In a single integration, Sigma replaces multiple databases and disparate news streams with a comprehensive and automated approach that provides a holistic, scalable and scored view of risk - creating a more transparent, data-driven approach to risk and compliance.
Sigma is the leading AI-driven risk intelligence platform used by global organizations to fight financial crime and make more informed, automated counterparty risk decisions. Sigma uses point-in-time risk analysis and ongoing monitoring technology, to actively screen thousands of global data sources and return a unified stream of compliance intelligence on companies and people. Sigma is backed by a global network of investors, including the Fitch Group, FinTech Collective, Contour Ventures and Barclays Bank.
For further information about Sigma, please visit www.sigmaratings.com and connect with us on LinkedIn and Twitter @sigmaratings.
The REGTECH100 is an annual list of 100 of the world’s most innovative RegTech companies. The list is maintained by the Regtech Analyst, a research firm in the risk and compliance space. The REGTECH100 are the companies every financial institution needs to know about as they consider and develop their mission critical RegTech and digital transformation strategies.
For further information about the Regtech 100, please visit www.RegTech100.com
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